With real estate prices in Hyderabad going through the roof, the areas on the outskirts of the city provide some relief to those looking for affordable property. Shadnagar, situated 50 km away from the main city is offering property at affordable rates.

Hyderabad real estate market, which was out of the picture few years back owing to the political upswings, is now bouncing back at a steady rate. Home-buyers are eyeing the city of pearls as the best option for affordable living along with proximity to work places.

Residential properties up for rent in the city seem to be fast losing its 'affordable' tag with prices of rented spaces seeing a steep 20% jump over the last six months which realtors across the city attribute to lack of new projects and consistent demand for houses.

With the residential property market is showing definite signs of improvement in and around Hyderabad, what has surprised many developers in the residential segment is that smaller apartment sizes are driving more demand. While built units or those nearing completion are finding ready buyers, it

Residential projects proposed for Lower Income Groups (LIGs) by the Andhra Pradesh Housing Board (APHB) as part of joint venture projects with private developers have not been completed even four years after their commencement.

Hyderabad’s developers are in upbeat mood as the competitive pricing has boosted their confidence level to plunge into real estate development. With the recent expansion and consolidation of operations of companies like Amazon, TCS and Oracle and the spurt in the absorption of commercial space,

Despite an over 50% drop in business during the economic slowdown, the real estate market in Hyderabad has seen a decadal growth of an average 29% between 2000 and 2010. In fact, the National Housing Bank index pegs the market's rise at an impressive 86%.

In Hyderabad, as of June this year, around 58,000 residential units were under construction across various micro markets. While the western region accounted for a share of around 67 per cent, eastern Hyderabad 8 per cent , central Hyderabad 4 per cent and the balance by northern region. Whereas